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Peter Drucker, 1909-2005

There is nothing so useless as doing efficiently that
which should not be done at all."

SC Media Centre - Lamudi Pakistan

Going Green Is Great for the
Environment and Property Values
Lamudi delves into the relationship between green spaces and real
estate

Karachi, March 30, 2016 Ė Today, the positive effect of a healthy
environment on the quality of our everyday lives should be extremely
apparent to everyone. Global warming, air pollution, toxic drinking
water and a corrupted food supply are global and local issues that
affect each one of us.

Reducing our carbon footprint by building parks and green spaces
addresses many of these problems. In Karachi, for example, where
average temperatures have risen greatly in recent years, citizens
are calling for the creation of more green spaces to combat the
intense heat.

For real estate investors and owners, going green has the added
benefit of increasing property values.

It has been reported that cities with a high percentage of green,
natural spaces like parks and gardens have a better quality of life.
More than 50 percent of the worldís population live in cities today.
In 30 years, that number is projected to grow to around 70 percent.
This means that green spaces are more crucial than ever.

According to Lamudi research, Pakistanis are intensely aware of
these issues. In a recently conducted survey, the vast majority of
respondents said they believe that sustainable and environmentally
friendly properties are extremely important to them.

It is surprising that some people have not caught on and continually
deny the issues that we are facing as a global population. If
increasing the quality of life in our cities is not compelling
enough, perhaps looking at it from a financial perspective will
help. As previously mentioned, it has been reported that the value
of properties with access to parks and green spaces are higher than
those without.

Furthermore, as we have seen in New York Cityís Chelsea neighborhood
with the construction of the High Line Park, even very expensive
real estate can increase in value with newly constructed green
spaces.

Reports from the US city of Chicago claim that real estate prices
increased by about 7.1 percent in the six months leading up the
grand opening of the Bloomingdale Trail, a park similar to New York
Cityís High Line.

And if thatís still not convincing enough, consider the mental
health benefits of having access to green spaces. Parks and gardens
benefit us all, but they do not benefit all of us equally. For
poorer communities, the benefits are relatively greater.

Mental health services are out of reach for many of our citiesí
poor. Since the affluent already have access to mental health
services, the positive effect of parks and gardens on them is
smaller. As such, green spaces are also a way of fighting class
inequality.

Going green should be a forgone conclusion at this point. It
benefits our minds, our bodies and our pockets. And more
importantly, it is a path to justice for our poorer communities.

Pakistanís Real Estate Sector Is
Perfect for Flipping Properties
Lamudi explores the flipping phenomenon and shares a guide on how to
flip properties the right way

Karachi: March 21, 2016 Ė Buy low, sell high. That is the basic
principle behind flipping properties. In other words, flipping is
when investors buy inexpensive properties and sell them at a profit
after their value increases.

But how do you ensure that a given propertyís value will increase?
Lamudi Pakistan has the answers, according to the Lamudi guide to
flipping recently published on Lamudi.pk.

Pakistanís Up-and-Coming Areas Are the Key to Success
According to the Lamudi guide to flipping, the ability to identify
up-and-coming areas is extremely important. This ability is required
to find the perfect location and property to invest in for short
term gains.

In Pakistan, it is relatively easy to find up-and-coming areas, even
in famous and high-demand developments. For example, a
125-square-yard residential plot in Bahria Town Karachiís Ali Block
that cost between Rs. 1,700,00 and Rs. 4,000,000 in 2014 can cost
between R.s 4,000,000 and Rs. 7,000,000 today.

Thatís a potential profit of more than 300 percent.

Based on this, anyone can see that flipping is a possible source of
immense wealth, especially for investors who are able to flip
multiple properties. Pakistanís real estate market is full of
potential for flipping because of its many areas with affordable
prices and rapidly increasing property values.

Other locations where property values are expected to continue their
exponential rise are DHA City Karachi and Islamabadís Sector F7.

The Lamudi guide to flipping demonstrates how to identify
up-and-coming areas. It also shows how to find the right property,
the right purchase price, the right budget and finally, the right
sale price.

Not all properties can be flipped immediately. Many require
maintenance, renovation or construction to increase in value.